Numedeon, the 9-year-old company behind kids' virtual world Whyville.net, is taking a leap into producing simulated environments for adults, starting with a sports theme. Called SportsBlox, the site launched in beta this week as part of March Madness.
Created by scientists from Cal Tech, Numedeon is also growing up in another way. For the first time in its history, it has taken money from an institutional investor in a series B round of financing.
In a sign that investors are particularly excited about virtual worlds, the company plans to raise between $1 million and $2 million, according to Numedeon'… Read more